Oct 20, 2016

Question: What Percentage of 18-34 Year Olds Are Living With Their Parents?

Answer: Almost 1 in 3 (over 31%).

From Big Picture Blog:

pent-1

Questions for students:

  • Does this chart surprise you? Why or why not?
  • What factors do you think explains the sharp rise since 2007?
  • Do you have any older siblings living at home? Why?
  • When do you envision yourself living on your own?
  • What is your plan to develop financial independence?

Want this resource and questions in slide format to use in class? Click here!

 

About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.

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